In Q2 2024, the performance of the top five finance apps on the iOS platform in the United Arab Emirates demonstrated diverse trends in weekly downloads and active users. Here’s a closer look at their performance based on data from Sensor Tower.

ILOE from Dubai Insurance showed a notable increase in weekly downloads, starting from 5.3K in early April and peaking at 11.6K by the end of May. The app's weekly active users also increased, from 45.3K at the beginning of the quarter to a high of 56.6K in late May, before settling at 51K by the end of June.

ADCB maintained a consistent performance in downloads, ranging between 4.9K and 7.5K throughout the quarter. The number of active users showed a steady pattern, starting at 89.9K and peaking at 95.5K in late April, ending the quarter at 94.3K.

Liv X Mobile Banking App by Emirates NBD Bank P.J.S.C. experienced a surge in downloads, particularly in May, where it jumped from 2.6K to 22.2K in the second week. The app maintained a steady download number around 5K to 7K in June.

Binance: Buy Bitcoin & Crypto had a varied download trend, with numbers fluctuating between 4.6K and 7.7K. The app's active user base showed a slight decline from 19.1K in early April to 17K by the end of June, with a few peaks and troughs in between.

Taptap Send: Money Transfer saw a steady download trend, peaking at 7.1K in late April. Active users followed a similar trend, starting at 9.5K in early April and reaching 12.1K in early June, before ending the quarter at 10.4K.

These insights highlight the varied performance of finance apps in the UAE during Q2 2024. For more detailed analytics and insights, visit Sensor Tower.

Sensor Tower's platform is an enterprise-level offering. Interested in learning more?

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2024

Downloads

Quarter Summary